PCAOB AUDITS & SEC COMPLIANCE

How the SEC Bridges the Divide between GAAP and Non-GAAP Financial Measures, Part 1

The SEC’s Division of Corporation Finance is cracking down on the use of non-GAAP financial measures. What is a non-GAAP measure? A non-GAAP measure is a supplemental figure that adjusts the most directly comparable measure determined in accordance with generally accepted accounting principles (GAAP). While non-GAAP measures are allowed, the rules for using them are [...]

July 13th, 2017|PCAOB AUDITS & SEC COMPLIANCE|

How Do You Label and Spell IPO Relief? Believe It or Not, It’s S-E-C

Companies go public for a number of reasons, such as to raise capital, expand opportunities for growth, increase liquidity, attract employees, and create brand awareness. However, many argue that the regulatory environment for companies looking to issue an initial public offering (IPO) in the United States has become too overwhelming (perhaps even painful). In an [...]

October 17th, 2016|PCAOB AUDITS & SEC COMPLIANCE|

Top 3 SEC Financial Reporting Issues

Watch as Jimmy Woodall describes the three most important financial reporting issues for SEC filers -- and how they can work with their CPAs to appropriately address these items and file on time.

April 19th, 2016|PCAOB AUDITS & SEC COMPLIANCE, VIDEO|

3 Ways Public Companies Can Iron Out Their SEC Audit Processes

You’ve hired an experienced independent registered public accountant (“public company audit firm” or “audit firm”) for your public company audit. Now what? A transition plan that includes the below elements can help you iron out the wrinkles and establish a smooth transition. 1. Balancing Resources and Agility The size and structure of the audit firm [...]

April 13th, 2016|PCAOB AUDITS & SEC COMPLIANCE|

Fight These Potential Fires: More SEC Reporting Hot Topics

Our video discussed three important topics that are currently getting a lot of attention from the SEC Staff (“Staff”). Let’s discuss two more potential flash points for which you and your accountants should be in sync—and early in the process—to make sure you are addressing any potential SEC reporting issues on the front-end. Avoid the [...]

April 12th, 2016|PCAOB AUDITS & SEC COMPLIANCE|

Avoid a Material Restatement and Get Your Financial Statements Right the First Time

According to Audit Analytics®, Financial Restatements 2014 – A Fourteen Year Comparison, during the last five years, the quantity of restatements has leveled off and the severity has remained low, but a material restatement from accelerated filers has increased for the fourth straight year. So let’s review the three main questions and answers regarding restatements: [...]

February 29th, 2016|PCAOB AUDITS & SEC COMPLIANCE|

Start-Up Crowdsourcing Rules: Following the Crowd

Startup crowdsourcing is an attractive and cost-efficient alternative to issuing an initial public offering (IPO). Watch Jon Heath and Bruce McFadden discuss the benefits of startup crowdsourcing.

February 2nd, 2016|PCAOB AUDITS & SEC COMPLIANCE, VIDEO|

SEC Compliance: Balancing Compliance & Efficiency

Gathering the necessary data to meet SEC compliance requirements is often a challenge for many small to mid-sized companies. Watch as Jon Heath discusses how public companies can balance compliance demands and efficiency.

January 11th, 2016|PCAOB AUDITS & SEC COMPLIANCE, VIDEO|